Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Sees Large Increase in Short Interest

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the recipient of a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 3,582,100 shares, a growth of 7.9% from the July 31st total of 3,319,000 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 5,970.2 days.

Banca Monte dei Paschi di Siena Stock Down 5.9 %

Shares of BMDPF stock opened at $5.46 on Wednesday. The stock’s 50-day moving average is $5.27 and its 200 day moving average is $4.82. Banca Monte dei Paschi di Siena has a 1-year low of $2.65 and a 1-year high of $5.94.

Banca Monte dei Paschi di Siena Company Profile

Banca Monte dei Paschi di Siena S.p.A. provides retail and commercial banking services in Italy. The company operates through Retail Banking, Corporate Banking, Wealth Management, and Large Corporate and Investment Banking segments. It offers funding and lending services, insurance products, financial advisory, and electronic payment services; financial and non-financial services; wealth management and financial planning services; consultancy services, such as tax planning, real estate, art, and legal advisory; fiduciary and trust services; and digital banking services.